If you're reading this, I'm earning money. Thanks for helping to feed my family. Please see our disclosure for more information. Also, any advice provided is for informational purposes only. I'm not a CPA, lawyer, or doctor, although my parents wanted me to be all three. So, talk to a professional before acting on anything you read below.
What are some good things to spend your money on during quarantine you ask?
With the uncertainty currently sweeping the globe at the moment due to the COVID-19 pandemic – and with a lot of that uncertainty having to do with things like the fate of the economy, and questions concerning job security – there’s a good chance that most of us are feeling particularly reluctant to spend money at the moment.
While it’s certainly a good idea to be frugal and sensible, and to not squander your financial resources, there are certain things that you should consider spending your money on during quarantine, nonetheless. Things that could reasonably be viewed as investments in your own personal development and well-being.
Here are just a few examples of some good things to spend your money on during quarantine.
Following a good personal fitness routine is an excellent way of boosting your immune system, keeping your spirits up, and helping you to maintain a sense of productivity, momentum, and positive growth, during a period where it would otherwise be quite easy to stagnate.
With gyms being closed in many places, and with public gatherings being restricted, any fitness routine is going to need to be done solo, and probably with only modest equipment as well.
Nonetheless, it would absolutely be in your best interests to invest in some fitness tools, programs, and equipment as well, so that by the time things get back to normal you can venture back out into the world in the best shape of your life.
Fortunately, there are plenty of resources online that can help you to get a sense of the best fitness tools and programs available – whether you want to compare PT Distinction and Trainerize, or simply need to find a good retailer for resistance bands.
There’s a lot that can be accomplished at home with a good body weight or minimalist training regimen – so, this is likely as good a time as any to investigate the various platforms out there that offer training guides, video tutorials, guided workout routines, and more.
As your financial life is likely to be hit by assorted challenges during the period of quarantine, it makes sense that you should be more diligent than ever before about properly gaining control of your spending, in addition to developing an effective insight into just what’s happening with your money.
Maybe you are already completely on top of things like financial planning and budgeting, but in all likelihood there is still room for progress in those areas.
One good use of your money would therefore be to sign up to good budgeting and financial management software programs – with the foremost of those being You Need A Budget, also known as YNAB.
While it may feel somewhat counterintuitive at first glance to spend money in order to better manage your money, many people find that these sorts of tools are invaluable in helping them to finally master the art of money management.
Just because you are stuck at home doesn’t mean that you have to spend your time unproductively, relentlessly binge watching your favorite shows, or idly surfing the web.
Instead, this is a perfect time for you to get on track with plotting out your goals for the future – financial and otherwise – in addition to making progress on any outstanding chores, projects, and tasks around the home that you’ve been putting off for a while.
To that end, paper notebooks can be an excellent purchase in order to help you organize things and stay on track – particularly with the current popularity of the Bullet Journal Method.
Apart from paper notebooks, though, there are also a slew of task management programs, tools, and other assorted planners out there, that can help you to get things properly organised.
Particularly in a chaotic time such as this, it’s very helpful to take steps to proactively maintain some structure in your everyday routine.
Reading isn’t anywhere near as popular a pastime as it deserves to be, considering just how much deep information can be absorbed from books of all sorts.
But, of course, it’s not as if the only point to reading books is to learn productivity or money management techniques. There’s also a whole world of great fiction out there that can help to enrich your imagination while getting you deeply involved in plotlines and narrative elements, in a way that few TV programs are likely to.
Spending some of your money on good books, and making the time for a bit of quiet reading, is always a good idea.
A Comprehensive Guideline That Will Help You Manage Your Money
5 Tips for Applying for PPP Loans
How COVID-19 Tests Help To Track The Disease
Still Unsure About Hitting The Gym During COVID?
Your Money: How Long Will It Last?
COVID-19 Liability Risk: Potential Claims Your Business May Face
Fitness Plan at Home: How to Keep Clients During Lockdown
What Coronavirus Has Taught Us About Finances
Please log in again. The login page will open in a new tab. After logging in you can close it and return to this page.